P.O.A.

Phone enquiry code for this property : 6126
CALLING ALL DEVELOPERS & INVESTORS !

PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land.

Impressive HOLDING INCOME $162,164pa.

ZONING
High Density Residential.
RD7 - Residential Density permits 1-bed per 25 m2.
North facing Water Views.
Unique Corner Block allowing separate ingress & egress for developers

Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)

Opportunities like this one only come up once in a generation, so do not delay.

CURRENT impressive Income summary

Unit 1$620pw

Unit 2$430pw.

Unit 3$450pw.

Unit 4$580pw.

Unit 5$580pw.

Unit 6$450pw.

Block of Six units on One title providing reduced

Council Rates 2025 @ $9102 pa.
Water Rates 2025 @ $7950 pa.
Body Corporates Fees $0.00 pa 6 units on one title

General Features
Bedrooms: 9 with built-in robes & ceiling fans.
Living and Bedroom areas tiled throughout.
Bathrooms: 6
Car Spaces: 7
Garage with attached bathroom: 1
Communal coin laundry

Other Features
3 minute walk to Woolworths & Cavill Shopping Mall.
4 minute walk to light Rail.
6 minute walk to Beach

Phone enquiry code for this property : 6126